Certificate of Formation - Professional Limited Liability Company - Washington

Certificate of Formation - Professional Limited Liability Company is a legal document that was released by the Washington Secretary of State - a government authority operating within Washington.

FAQ

Q: What is a Certificate of Formation?A: A Certificate of Formation is a legal document filed with the state to establish the existence of a Professional Limited Liability Company (PLLC).

Q: What is a Professional Limited Liability Company?A: A Professional Limited Liability Company (PLLC) is a type of business entity that provides professional services, such as those offered by licensed professionals like doctors or lawyers.

Q: Why would someone choose to form a PLLC?A: Forming a PLLC provides liability protection for professionals who want to operate their practice as a separate legal entity. It offers personal asset protection and limits the professional's personal liability.

Q: How do I file a Certificate of Formation for a PLLC in Washington?A: To file a Certificate of Formation for a PLLC in Washington, you need to submit the required form and fee to the Washington Secretary of State's office. The form must include specific information about your PLLC, such as the name, address, and nature of the professional services provided.

Q: Are there any additional requirements for PLLCs in Washington?A: Yes, in addition to the Certificate of Formation, PLLCs in Washington must also comply with other requirements, such as obtaining any necessary professional licenses or certifications and maintaining professional liability insurance.

Q: Can a PLLC have multiple members?A: Yes, a PLLC can have multiple members, but all of them must be licensed professionals in the same profession.

Q: What is the difference between a PLLC and an LLC?A: The main difference between a PLLC and an LLC is that a PLLC is specifically designed for licensed professionals who provide professional services, while an LLC can be used for any type of business activity.

Q: Is a PLLC the only option for professionals in Washington?A: No, professionals in Washington have other options as well, such as forming a professional corporation (PC) or operating as a sole proprietorship, depending on their individual needs and circumstances.